Economies in meltdown: lessons from past financial crashes
HistoryExtra podcast
00:00
The Importance of Predicting the Next Crash
Linda Yu: It's inevitable we will have another financial crash. She says the US, despite being the epicenter of the global financial crisis, its banking system recovered first. But anytime you have a huge increase of debt on the basis of euphoria, that the asset price will only go up, she says. That's where you should start to get very nervous.
Play episode from 29:34
Transcript
